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What Is the Ideal Deferral Rate a 401(k) Fiduciary Should Ask Employees to Work Towards?
Fiduciary News Link to more items from this source
June 25, 2014
"There is a 'textbook' answer, and it's based on a number of fairly common assumptions. Jonathan Leidy, Principal at Portico Wealth Advisors ... says, 'The generally accepted replacement ratio in retirement is 80% ... If one assumes a 20% savings rate and both a constant salary and rate of return, e.g. 5%, an annual draw equal to an 80% replacement ratio should last about 35 years, which is at the longer end of most people's expected retirement window.'"

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